Des Moines is the 80th largest multifamily market with 44,054 completed units and 7,820 units in development,1,524 of which have already broken ground, as of December 2021.
Des Moines Multifamily Market Summary – December 2021
New lease asking rents are at $1,019, up 5.0%▲
from the previous year placing Des Moines at
113th overall in year-over-year rent growth.